Taking Stock
NEAL SMITH: Signs emerge of a bull run in emerging markets in 2021
Recent developments could mark the start of a big rotation out of US assets into the rest of the world
10 December 2020 - 19:26
US president John F Kennedy noted: “When written in Chinese, the word ‘crisis’ is composed of two characters — one represents danger and one represents opportunity.”
Though it has subsequently been shown that this is not the correct translation of the Chinese characters, the wisdom about a crisis yielding opportunities may be a more important lesson than ever...
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